Civic Intelligence

Central States Fair Foundation

990EZ • Fiscal year 2016 • EIN 20-2523171

Oct 01, 2015 to Sep 30, 2016 • Filed on Mar 10, 2017

800 San Francisco StreetRapid City, SD 57701

(605) 342-2592

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

79th percentile

32%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$180,772

Up $43,833 (+32%) from 2015

Net Assets

Up

$173,272

Up $44,833 (+35%) from 2015

Liabilities

Down

$7,500

Down $1,000 (-12%) from 2015

Revenue

Up

$50,383

Up $10,499 (+26%) from 2015

Expenses

Down

$5,550

Down $28,743 (-84%) from 2015

Net Income

Up

$44,833

Up $39,242 (+702%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $103,559Liabilities 2011: $14,291Net Assets 2011: $89,2682011Assets 2012: $96,868Liabilities 2012: $3,500Net Assets 2012: $93,3682012Assets 2013: $109,486Liabilities 2013: $3,500Net Assets 2013: $105,9862013Assets 2014: $175,348Liabilities 2014: $52,500Net Assets 2014: $122,8482014Assets 2015: $136,939Liabilities 2015: $8,500Net Assets 2015: $128,4392015Assets 2016: $180,772Liabilities 2016: $7,500Net Assets 2016: $173,2722016Assets 2017: $189,109Liabilities 2017: $7,501Net Assets 2017: $181,6082017Assets 2018: $212,820Liabilities 2018: $5,500Net Assets 2018: $207,3202018Assets 2019: $273,433Liabilities 2019: $4,500Net Assets 2019: $268,9332019Assets 2020: $318,289Liabilities 2020: $5,700Net Assets 2020: $312,5892020Assets 2021: $384,892Liabilities 2021: $3,500Net Assets 2021: $381,3922021Assets 2022: $402,380Net Assets 2022: $402,3802022Assets 2023: $497,040Net Assets 2023: $497,0402023Assets 2024: $601,638Liabilities 2024: $0Net Assets 2024: $601,6382024

Highlighted filing

2016

Assets$180,772
Liabilities$7,500
Net Assets$173,272

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0Revenue 2011: $37,126Expenses 2011: $10,645Net Income 2011: $26,4812011Revenue 2012: $25,195Expenses 2012: $19,246Net Income 2012: $5,9492012Revenue 2013: $37,300Expenses 2013: $24,682Net Income 2013: $12,6182013Revenue 2014: $32,419Expenses 2014: $15,557Net Income 2014: $16,8622014Revenue 2015: $39,884Expenses 2015: $34,293Net Income 2015: $5,5912015Revenue 2016: $50,383Expenses 2016: $5,550Net Income 2016: $44,8332016Revenue 2017: $45,117Expenses 2017: $36,781Net Income 2017: $8,3362017Revenue 2018: $51,565Expenses 2018: $25,853Net Income 2018: $25,7122018Revenue 2019: $68,316Expenses 2019: $6,703Net Income 2019: $61,6132019Revenue 2020: $82,261Expenses 2020: $38,605Net Income 2020: $43,6562020Revenue 2021: $85,263Expenses 2021: $16,460Net Income 2021: $68,8032021Revenue 2022: $84,628Expenses 2022: $42,000Net Income 2022: $42,6282022Revenue 2023: $92,878Expenses 2023: $19,770Net Income 2023: $73,1082023Revenue 2024: $88,029Expenses 2024: $27,346Net Income 2024: $60,6832024

Highlighted filing

2016

Revenue$50,383
Expenses$5,550
Net Income$44,833
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Mar 10, 2017
Return Version
2015v3.0
Gross Receipts
$53,108
Mission and Program Overview

Mission

Agricultural sponsorship/funding

Program Services

DescriptionGrantsExpenses
DURING THE YEAR WE DID FUNDRAISING ACTIVITIES TO ATTEMPT TO RAISE MONEY FOR OUR EXEMPT PURPOSES. WE HAD AN ART AUCTION AND CALCUTTA EVENT. AS IN PRIOR YEARS, THE CENTRAL STATES FAIR HAS PROVIDED MONETARY ASSISTANCE.$1,200$1,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HAVEN STUCKPresident-$0--
BRUCE RAMPLEBERGTreasurer-$0--
KEN KIRKEBYVice Preside-$0--
DAVID LINDBLOOMSecretary-$0--
RON JEFFRIESMember-$0--
JEFF CULLEMMember-$0--
MUTCH USERAMember-$0--
DAVE OLSONMember-$0--
DARLA CROWNMember-$0--
Filing and Contact Details

Filer

Filer Name
Central States Fair Foundation
EIN
20-2523171
Phone
6053422592
Address
800 SAN FRANCISCO STREET, RAPID CITY, SD 57701

Signing Officer

Name
Ron Jeffries
Title
Member
Phone
6053553861
Signed
2017-03-10

Preparer

Firm
Ketel Thorstenson Llp
Address
PO BOX 3140, RAPID CITY, SD 57709-3140
Preparer
John B Walker CPA
Phone
6053425630
Supplemental Narrative

Additional Explanations

Form 990-ez

The foundation works closely with central states fair, inc., a separate tax exempt 501.c.5 nonprofit organization to carry out its exempt purpose. Central states fair, inc.'s board of directors elects the foundation's directors, who in turn elect their own officers. From time to time the central states fair inc. And the foundation share the same persons as board members (never majority control). According to our bylaws, central states fair, inc. Has the power to control the foundation's board of directors (appoint or remove).

Form 990-ez, Part II, Line 24

Amt held by bhac fdn - restricted 0 52,637 total 0 52,637

Form 990-ez, Part II, Line 26

Scholarships payable 8,500 7,500

Form 990-ez, Part III, Line 28

During the year we did fundraising activities to attempt to raise money for our exempt purposes. We had an art auction and calcutta event. As in prior years, the central states fair has provided monetary assistance.

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06053553861
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RAPID CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HAVEN STUCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRUCE RAMPLEBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEN KIRKEBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID LINDBLOOM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RON JEFFRIES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF CULLEM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MUTCH USERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAVE OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DARLA CROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt052637
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AGRICULTURAL SPONSORSHIP/FUNDING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DURING THE YEAR WE DID FUNDRAISING ACTIVITIES TO ATTEMPT TO RAISE MONEY FOR OUR EXEMPT PURPOSES. WE HAD AN ART AUCTION AND CALCUTTA EVENT. AS IN PRIOR YEARS, THE CENTRAL STATES FAIR HAS PROVIDED MONETARY ASSISTANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01200
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt02725
IRS990EZ/SpecialEventsNetIncomeLossAmt08331
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08500
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05550
IRS990EZ/TotalProgramServiceExpensesAmt01200
IRS990EZ/TotalRevenueAmt050383
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CENTRALSTATESFAIR.COM/FOUNDATION
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION VERIFIED THE SUPPORTED ORGANIZATION IS A 501 C 5 CHARITABLE ORGANIZATION AND GETS PUBLIC SUPPORT FROM PENNINGTON COUNTY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1VERIFIED SUPPORT TO THE ORGANIZATIONS WAS USED FOR THE BETTERMENT OF THE FACILITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0460238981
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CENTRAL STATES FAIR 501(C) (5)
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0CENTRAL STATES FAIR
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION WORKS CLOSELY WITH CENTRAL STATES FAIR, INC., A SEPARATE TAX EXEMPT 501.C.5 NONPROFIT ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE. CENTRAL STATES FAIR, INC.'S BOARD OF DIRECTORS ELECTS THE FOUNDATION'S DIRECTORS, WHO IN TURN ELECT THEIR OWN OFFICERS. FROM TIME TO TIME THE CENTRAL STATES FAIR INC. AND THE FOUNDATION SHARE THE SAME PERSONS AS BOARD MEMBERS (NEVER MAJORITY CONTROL). ACCORDING TO OUR BYLAWS, CENTRAL STATES FAIR, INC. HAS THE POWER TO CONTROL THE FOUNDATION'S BOARD OF DIRECTORS (APPOINT OR REMOVE).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AMT HELD BY BHAC FDN - RESTRICTED 0 52,637 TOTAL 0 52,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS PAYABLE 8,500 7,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING THE YEAR WE DID FUNDRAISING ACTIVITIES TO ATTEMPT TO RAISE MONEY FOR OUR EXEMPT PURPOSES. WE HAD AN ART AUCTION AND CALCUTTA EVENT. AS IN PRIOR YEARS, THE CENTRAL STATES FAIR HAS PROVIDED MONETARY ASSISTANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RON JEFFRIES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum06053553861
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL STATES FAIR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0202523171
ReturnHeader/Filer/PhoneNum06053422592
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 SAN FRANCISCO STREET
ReturnHeader/Filer/USAddress/CityNm0RAPID CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460257538
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KETEL THORSTENSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 3140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAPID CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0577093140
ReturnHeader/PreparerPersonGrp/PhoneNum06053425630
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN B WALKER CPA
ReturnHeader/ReturnTs02017-03-10T16:12:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.02$0.00$6.02$0.88$0.27$0.61
2023Detailed filing. Detailed filing data is available for this year.$4.97$4.97$0.93$0.20$0.73
2022Detailed filing. Detailed filing data is available for this year.$4.02$4.02$0.85$0.42$0.43
2021Detailed filing. Detailed filing data is available for this year.$3.85$0.04$3.81$0.85$0.16$0.69
2020Detailed filing. Detailed filing data is available for this year.$3.18$0.06$3.13$0.82$0.39$0.44
2019Detailed filing. Detailed filing data is available for this year.$2.73$0.05$2.69$0.68$0.07$0.62
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.06$2.07$0.52$0.26$0.26
2017Detailed filing. Detailed filing data is available for this year.$1.89$0.08$1.82$0.45$0.37$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.81$0.08$1.73$0.50$0.06$0.45
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.09$1.28$0.40$0.34$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.53$1.23$0.32$0.16$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.04$1.06$0.37$0.25$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.04$0.93$0.25$0.19$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.14$0.89$0.37$0.11$0.26